Patrick Cannon Barrister and Gordon Keenay Deputy Head of Stamp Taxes Group KPMG review SDLT on its fifth anniversary and point out the current hot topics including some small changes in the PBR 2008
Stamp duty land tax (SDLT) cannot be all bad. Total revenue yield so far approaches £40 billion — which has no doubt been very useful for the public purse even if the current year's take is down 40%. All developed economies charge a tax on real estate transactions and alternative sources of equivalent amounts of tax would not necessarily be more palatable.
That said there is much to cringe about. Despite all the consultation about the replacement for stamp duty on...
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Patrick Cannon Barrister and Gordon Keenay Deputy Head of Stamp Taxes Group KPMG review SDLT on its fifth anniversary and point out the current hot topics including some small changes in the PBR 2008
Stamp duty land tax (SDLT) cannot be all bad. Total revenue yield so far approaches £40 billion — which has no doubt been very useful for the public purse even if the current year's take is down 40%. All developed economies charge a tax on real estate transactions and alternative sources of equivalent amounts of tax would not necessarily be more palatable.
That said there is much to cringe about. Despite all the consultation about the replacement for stamp duty on...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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